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The vision for 2030 was born under the initiative of Saudi Crown Prince Mohammed bin Salman. The plan is a national development plan proposed and implemented for Saudi Arabia's long-term and stable economic development. Its purpose is to change Saudi Arabia's economic and social structure in the future. From an economic point of view, one of the most important aspects of this plan is to use the oil industry to drive the development of other economic fields and achieve economic diversification.

IKTVA is the abbreviation and abbreviation of In-Kingdom Total Value Add, which means the total value added in the Kingdom of Saudi Arabia. It is a systematic, fair and transparent mechanism established by Aramco. It is a strategy aimed at promoting the value-added of domestic industries to adapt to the economy. Changes in the environment promote future economic prosperity. IKTVA’s goal is to achieve 70% localization by 2021, that is, to achieve 70% of localized energy products and services by 2021; second, the export of localized energy products and service industries can reach 30% of the output value of the same period. %; The third is to create 500,000 jobs directly or indirectly through the energy industry.